Oil heads for third weekly decline as equities resume slide

On Wednesday, crude oil futures closed higher by $0.39, or 0.6%, at $66.82 a barrel, after having plunged to a two-month low a session earlier.

The global benchmark has lost more than $10 a barrel since hitting a high of $86.74 on October 3. The world's second largest economy also halted purchases of U.S. crude in August for the first time since September 2016, according to U.S. Census Bureau data, as the trade spat between the nations escalated.

Oil's uptick yesterday was supported by the EIA report, which said gasoline inventories fell by 4.83 million barrels.

Financial markets have been roiled by the U.S.

Markets have been hit hard this month by a range of worries, including the Sino-U.S. trade war, a rout in emerging market currencies, rising borrowing costs and bond yields, as well as economic concerns in Italy.

Man City boss Guardiola open to Serie A move
However, Messi's cousin, Maxi Biancucchi have had enough of Maradona's jibe and made a decision to respond to his latest comments. You say to Messi to "throw yourself in head first" but he prefers to play video games.

There are also signs of a slowdown in global trade, with container and bulk freight rates dropping after rising for most of 2018.

All the while, global economic growth has been strong for several quarters and oil demand continues to grow.

China's government has told at least two of its state oil companies to avoid purchasing Iranian oil as the USA prepares to impose sanctions on the Persian Gulf state, according to people with knowledge of the matter. Cushing crude stocks rose to 33 million barrels on Tuesday, up nearly 1.8 million barrels from the previous week, traders said, citing a report by market intelligence firm Genscape. "We (have) entered the stage of worrying this increase", the official said, adding any reduction in supply would go towards ensuring the stability accomplished because of the OPEC+ production-cutting pact sealed at the end of 2016.

United States efforts to isolate Iran and its crude output, as well as spiraling Venezuelan production, haven't been enough to serve as a geopolitical counterweight to the selloff, reported Bloomberg. Still, many buyers, including Iran's biggest customer, China, appear to be falling in line, forcing Tehran to store unsold oil on tankers. I think USA and Saudi due to mutual interest are interested to manage any tension with aimed of decreasing Iran's role in world oil market.

USA energy firms added oil rigs for a third straight week, keeping the rig count at its highest in over three years, General Electric Co's Baker Hughes energy services firm said.

Powerball winning numbers revealed for Wednesday 10/24/18
The Powerball lottery also had a huge prize at stake on Wednesday when 3, 21, 45, 53, 56 , and a Powerball of 22 were drawn. The $1.536 billion MegaMillions drawing Tuesday had one victor , a ticket purchased in Simpsonville , South Carolina .

Turkish police search Saudi consulate again in Khashoggi case
While Turkish police believe he was killed by a special team of 15 Saudi officials, Riyadh has dismissed such claims as baseless. Asked what effect Saudi leaders would face if they are found to be responsible , he replied: "It will have to be very severe".

Duchess of Sussex's gruelling schedule takes its toll
During his speech at the Invictus Games' opening ceremony in Sydney , Australia, over the weekend, Harry thanked the locals. In an interview with the Daily Mail , the 74-year-old said the news of Meghan's pregnancy has filled him with love and joy.

Historic $1.6 billion Mega Millions drawing set for tonight
Mega Millions has already smashed its own jackpot record, which was $656 million, shared by winners in three states in March 2012. Keith Schoen, a clerk at the Neighborhood Grocery, said there were a lot of Mega Millions lottery sales on Friday.

After deadly Gaza protests, rockets hit southern Israel
The armed wing of Islamic Jihad, the second largest militant group in Gaza, threatened to continue the rocket fire on Saturday. Reports Friday suggested a deal had been reached that would see the protests end in exchange for an easing of the blockade.

Usain Bolt To Undergo Drug Test
Bolt chose to take on a career in professional football after retiring from track and field in 2016. The 32-year-old previously tried out with clubs in Germany, South Africa and Norway to no avail.